US Jobless Claims Climb to 2-Month High The latest labor data from the U.S. Department of Labor shows initial jobless claims rose by 8,000 to 237,000 in the week ending August 30 — the highest level since June. While the figures underline growing pressure in the labor market, there has been no immediate policy response or official comment from federal authorities. Market participants are watching closely, as higher claims often feed into broader risk-off sentiment and may influence upcoming economic outlooks. For now, crypto markets remain steady, with no significant reaction from BTC or ETH. Analysts caution, however, that labor market weakness has historically acted as a trigger for volatility across both traditional and digital assets. Upcoming reports, particularly the Non-Farm Payrolls, will be key for assessing whether this uptick signals a deeper trend. #USNonFarmPayrollReport #MacroEconomics #CryptoMarkets View More
- 0 replies
- 0 recasts
- 0 reactions
$SPK started just the same, going down to 0.002 then exploding Could it be that $TOWNS will be same? 👀
- 0 replies
- 0 recasts
- 0 reactions
Many new investors have not experienced a bear market. After just a few days of decline, they start to feel unbearable, and many people's mental state begins to collapse. Let's take a look at the LUNA crash in May 2022, when a mainstream coin ranked fourth by market capitalization fell 90% on the first day and then another 90% on the second day. You can think of it as if SOL or BNB fell 90% in one day and
- 0 replies
- 0 recasts
- 0 reactions